|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|2|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|6|to|11|
|Detailed Statement ofFinancial Activities|12|to|13|
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|5|f,||f.|
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||9,892|5,000|14,$92|13,534|
|Charitable
activities|||||||
|Charitable
activities|||2,605||2,605|10,700|
|Other trading activities|||4,043||4,043|7430|
|Investment
income|||I||I|ll|
|Other income||||||1,911|
|Total|||16,541|5,000|21,541|33,386|
|EXPENDITURE ON|||||||
|Raising funds|||2,029||2,029|5,126|
|Charitable
activities|||||||
|Charitable
activities|||8,493|1,900|10493|17,790|
|Total|||10,522|1,900|12,422|22,916|
|NET INCOME|||6,019|3,100|9,119|10,470|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||16,266|13,789|30,055|19,585|
|TOTAL FUNDS CARRIED FORWARD|||22485|16,889|39,174|30,055|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes||f,|||
|FIXEDASSETS||||||
|Tangible assets|7|14,845|11,615|26,460|24,836|
|CURRENT ASSETS||||||
|Cash atbank||16,040|5,274|21/14|6,659|
|CREDITORS||||||
|Amounts
falling due within one year|8|(2,443)||(2,443)|(1,440)|
|NET CURRENT ASSETS||13,597|5,274|18,871|5,219|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||28,442|16489|45/31|30,055|
|CREDITORS||||||
|Amounts
falling due afier more than one year|9|(6,157)||(6,157)||
|NET ASSETS||22/85|16,889|39)174|30,055|
|FUNDS||||||
|Unrestricted
funds||||22,285|16,266|
|Restricted funds||||16,889|13,789|
|TOTAL FUNDS||||39,174|30,055|
##
##
##
##
##
##
|OTHER TRADING ACTIVITIES|||
|---|---|---|
||2021|2020|
|Kit sales|634|413|
|Miscellaneous|415||
|Event fees|1,700|3,404|
|Event sales||3,413|
|Fundraising|1/94||
||4,043|7,230|
##
##
##
##
##
##
|There
were
no
trustees'
expenses
paid
for the
year
ended
28 February
20
29February 2020.|There
were
no
trustees'
expenses
paid
for the
year
ended
28 February
20
29February 2020.|21
nor for
the|year
ende|
|---|---|---|---|
|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES||||
||Unrestricted|Restricted|Total|
||fundf|fundf|funds|
|INCOME ANDENDOWS FROM||||
|Donations
and legacies|7,636|5,898|13,534|
|Charitable
activities||||
|Charitable
activities|10,700||10,700|
|Other trading activities|7,230||7230|
|Investment
income|11||11|
|Other income|1,911||1,911|
|Total|27,488|5,898|33,386|
|EXPENDITURE ON||||
|Raising funds|4,405|721|5,126|
|Charitable
activities||||
|Charitable
activities|16,442|1,348|17,790|
|Total|20,847|2,069|22,916|
|NET INCOME|6,641|3,829|10,470|
|RECONCILIATION OF FUNDS||||
|Total funds brought forward|9,625|9,960|19,585|
##
||Notes tothe Financial Statements - continued
forthe year ended 28February 2021|Notes tothe Financial Statements - continued
forthe year ended 28February 2021|Notes tothe Financial Statements - continued
forthe year ended 28February 2021|Notes tothe Financial Statements - continued
forthe year ended 28February 2021||
|---|---|---|---|---|---|
||COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued|||||
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
||||||6|
||TOTAL FUNDS CARRIED FORWARD||16,266|13,789|30,055|
|7.|TANGIBLE FIXEDASSETS|||||
||||||Plant and|
||||||machinery
f|
||COST|||||
||At 1 March 2020||||27,296|
||Additions||||3,640|
||At 28February 2021||||30„&t36|
||DEPRECIATION|||||
||At 1 March 2020||||2,460|
||Charge foryear||||2,016|
||At 28February 2021||||4,476|
||NET BOOKVALUE|||||
||At 28February 2021||||26,460|
||At 29February 2020||||24,836|
|8.|CREDITORS: AMOUNTS FALLING DUE WITHIN||ONE YEAR|||
|||||2021|2020|
||Bank loans and overdratts|(see note 10)||943||
||Accrued expenses|||1&500|1,440|
|||||2,443|1,440|
##
|CREDITORS: AMOUNTS FA|LLING DUE AFTER MORE|THAN ONE YE|AR||
|---|---|---|---|---|
||||2021|2020|
|Bank loans (see note 10)|||6,157||
|LOANS|||||
|An analysis ofthe maturity ofloans is given below:|||||
||||2021|2020|
||||8||
|Amounts
falling due within one year on demand:|||||
|Bank loans|||943||
|Amounts
falling between one and two years:|||||
|Bank loans - 1-2years|||1,414||
|Amounts
falling due between two and five years:|||||
|Bank loans - 2-5yeats|||4~3||
|Amounts
fafiing due in more than five yeats:|||||
|Repayable by instalments:|||||
|Bank loans more 5yr by instal|||500||
|MOVEMENT IN FUNDS|||||
||||Net||
||||movement|At|
|||At 1.3.20|in funds|28.2.21|
|Unrestricted
funds|||||
|General fund||16,266|6,019|22,285|
|Restricted funds|||||
|Restricted fund||13,789|3,100|16,889|
|TOTAL FUNDS||30,055|9,119|39,174|
|Net movement
in funds, included|in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General fund||16,541|(10,522)|6,019|
|Restricted funds|||||
|Restricted fund||5,000|(1)900)|3,100|
|TOTAL FUNDS||21,541|(12,422)|9,119|
##
##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.3.19|in funds|29.2.20|
||||I|f|
|Unrestricted
funds|||||
|General fund||9,625|6,641|16,266|
|Restricted fuads|||||
|Restricted fund||9,960|3,829|13,789|
|TOTAL FUNDS||19,585|10,470|30,055|
|Comparative
net movement||in funds, included in the above are as follows:|||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|Unrestricted
fuads|||||
|General fund||27,488|(20,847)|6,641|
|Restricted funds|||||
|Restricted fund||5,898|(2,069)|3,829|
|TOTAL FUNDS||33,386|(22,916)|10,470|
|A current year 12months|and prior year 12months combined position is as follows:||||
||||Net||
||||movement|At|
|||At 1.3.19|in funds|28.2.21|
|||||f,|
|Unrestricted
funds|||||
|General fund||9,625|12,660|22485|
|Restricted funds|||||
|Restricted fund||9,960|6,929|16,889|
|TOTAL FUNDS||19,585|19,589|39,174|
##
##
##
||Incoming|Resources|Movement|
|---|---|---|---|
||Iesolltces|expended|in funds|
||6|||
|Unrestricted
funds||||
|General fund|44,029|(31,369)|12,660|
|Restricted funds||||
|Restricted fund|10,898|(3,969)|6,929|
|TOTAL FUNDS|54,927|(35,338)|19,589|
##
##
|for the year ended 28|February 2021||
|---|---|---|
||2021|2020|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations|5,215|7,636|
|Grants|9,677|5,898|
||14,892|13,534|
|Other trading activities|||
|Kit sales|634|413|
|Miscellaneous|415||
|Event fees|1,700|3,404|
|Event sales||3,413|
|Fundraising|1494||
||4,043|7,230|
|Investinent
income|||
|Deposit account interest|||
|Charitable
activities|||
|Membership
fees|1,939|3,873|
|Row fees|666|6,752|
|Ergo membership||75|
||2,605|10,700|
|Other income|||
|Insurance
claim||1,859|
|General account correction||52|
|||1,911|
|Total incoming resources|21441|33,386|
|Other trading activities|||
|Event fees|1,700|2,616|
|Event overheads|329|2,510|
||2,029|5,126|
|Charitable
activities|||
|Rent &marina fees|4,039|6,192|
|Insurance|33|2,541|
|Government
body memberships|200|200|
|Boatmaintenance|298|2,865|
|Carried forward|4470|11,798|
##
|forthe year ended|28February 2021||
|---|---|---|
||2021|2020|
||5||
|Charitable
activities|||
|Brought forward|4,570|11,798|
|Sundries|59|406|
|Rowing equipment|1,979|1,427|
|Travel expenses|41|286|
|Plant and machinery|2,016|1,764|
||8,665|15,681|
|Support costs|||
|Management|||
|Accountancy|1,500|1,440|
|Publicity 41advertising||325|
|Donations for support||200|
|Web services|228|144|
||1,728|2,109|
|Total resources expended|12,422|22,916|
|Net income|9,119|10,470|